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I think 360 has peaked in 2007 and sales will remain flat or down slightly in '08. There's really little to boast sales more than we're currently seeing except possibly aggressive price cutting.

PS3 will rise in '08 but if it peaks in '08 or '09 is too hard to call yet. It's starting to develop a respectable catalogue of games and the price should continue to drop into more mainstream pricing.

Wii will rise with increased supply and WiiFit / SSBB / Mario Kart and Lord knows what else Nintendo has hidden up their sleeves. Wii is a very different beast to PS3/360 though as PS3/360 target audience already know all about them and are waiting for their personal value propositions to be met (price vs games they must have), whereas with Wii many future buyers and not even considering getting a video game at this time but will as they are introduced to it through friends/family.
Therefore I think it's peak year is delayed to '09 or maybe even '10.